Hong Kong-based AutoX raised $100m in Series A financing.

Hong Kong-based AutoX, an industry leader in the self-driving car technology industry, raised $100m in Series A financing. State-owned Dongfeng Motor, one of China’s largest automakers, led the round, while a fund under Alibaba and Silicon Valley-based incubator Plug and Play’s China fund both joined. New funds will be used to build its autonomous driving fleet and to add new members to its technical team. AutoX said it plans to apply its autonomous driving solutions to the logistics sector since it has joined Alibaba’s ecosystem. Also, the company will enter Southeast Asian markets now that it has investors from the region.